皇冠体育-克利夫斯重申了对米德尔敦工程脱碳项目的承诺,并与皇冠体育官网能源部建立了持续的伙伴关系

皇冠体育——(皇冠体育官网商业资讯)——CLEVELAND- Cliffs Inc.(纽约证券交易所代码:CLF)(“Cliffs”)仍然完全致力于其位于俄亥俄州米德尔敦的Middletown Works综合设施正在进行的转型项目。正如之前所披露的那样,Cliffs公司被皇冠体育官网能源部选中参加合同谈判,获得高达5亿美元的总资金,用于用直接还原铁(DRI)工厂和两个电熔炼炉(EMF)取代其Middletown高炉。该公司继续与能源部就合同的具体条款和条件进行积极谈判。Cliffs对获得最终批准并继续推进这一碳友好、高回报的项目持乐观态度。

Cliffs董事长、总裁兼首席执行官Lourenco Goncalves表示:“我们将继续推进midtown转型项目的合同谈判和项目执行。该项目证实了皇冠体育-克利夫斯作为世界一流的炼钢技术皇冠体育领导者的地位。继我们最近在印第安纳港和米德尔敦进行的氢还原现实试验,以及我们在俄亥俄州托莱多的直接还原取得的公认成功之后,该项目自然是下一步。由于我们在从明尼苏达州到宾夕法尼亚州的整个中西部地区与uaw代表和usw代表的劳动力合作得很好,我们很高兴能与我们在米德尔敦的iam代表的皇冠体育合作。皇冠体育-皇冠体育斯很荣幸能得到能源部对这一转型项目的支持,这将使我们的员工和他们生活的社区在未来几十年受益。”

项目概述

如果获得合同,该公司将用一个250万吨/年的氢备直接还原铁(DRI)工厂和两个120兆瓦的电熔炼炉(EMF)取代其位于俄亥俄州米德尔敦工厂的现有高炉,为现场现有的基础设施提供铁水,包括转炉、连铸机、热轧带钢轧机和各种精加工设施。米德尔敦将保持其现有的每年约300万吨的粗钢生产能力,并将不再使用焦炭生产铁。EMF技术已经得到了很好的验证,并且与在高炉中注入氢气一起,是全球综合钢铁制造商有意减少碳排放的首选途径。

该过程将大大降低碳排放强度,并将巩固米德尔敦工厂作为世界上最先进,温室气体排放最低的综合钢铁设施。该设施将灵活地使用天然气作为燃料,这将使目前的炼铁碳强度降低50%以上;天然气和清洁氢气的混合物;或清洁氢,这将使目前炼铁的碳强度降低90%以上。

新设施预计每生产净吨液态钢可降低约150美元的生产成本,与现有配置相比,每年可节省4.5亿美元。这些节约不包括销售cliff H2™和Cliffs HMAX™等低碳钢预计产生的任何溢价。

这项投资将为米德尔敦工厂提供2500个工作岗位,国际机械师协会(IAM)代表了该工厂的工会员工。灵活燃料DRI工厂和emf将需要170个额外的工作岗位。该项目将在施工高峰期间创造1200个建筑行业就业岗位。

由于DRI设施可以使用标准的高炉级球团,该项目将充分利用该公司的联合皇冠体育(USW)代表的铁矿石开采和球团生产单位。新的配置还避免了大量优质废金属的使用,Cliffs预计在本十年的剩余时间里,这些废金属的供应将变得更短,成本将更高。该工艺还将使皇冠体育斯公司能够保持生产的钢材的质量水平,否则钢材会随着废料使用量的增加而退化,从而保持公司在汽车终端市场的领先地位。

皇冠体育斯的净资本支出将约为13亿美元,扣除现有高炉和焦炭厂的资本规避,从2025年开始,预计到2029年结束,为期5年。皇冠体育斯的部分将利用手头的流动性和自己产生的自由现金流来融资。米德尔敦基地提供了足够的可用空间来建造新设施,而不会妨碍现有的流程,有效地消除了施工和调试阶段的干扰风险。

关于皇冠体育-皇冠体育斯公司

皇冠体育-皇冠体育斯是北美领先的钢铁生产商,专注于增值钢板产品,特别是汽车行业。公司从铁矿石开采、球团生产、直接还原铁生产、铁屑加工到初级炼钢及下游精加工、冲压、工装、管材等垂直一体化。皇冠体育-克利夫斯总部位于俄亥俄州皇冠体育,在皇冠体育官网和加拿大拥有约28,000名员工。

前瞻性陈述

This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. All statements other than historical facts, including, without limitation, statements regarding our current expectations, estimates and projections about our industry, our businesses or the proposed transaction with Stelco, are forward-looking statements. We caution investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Investors are cautioned not to place undue reliance on forward-looking statements. Among the risks and uncertainties that could cause actual results to differ from those described in forward-looking statements are the following: continued volatility of steel, iron ore and scrap metal market prices, which directly and indirectly impact the prices of the products that we sell to our customers; uncertainties associated with the highly competitive and cyclical steel industry and our reliance on the demand for steel from the automotive industry; potential weaknesses and uncertainties in global economic conditions, excess global steelmaking capacity, oversupply of iron ore, prevalence of steel imports and reduced market demand; severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges of one or more of our major customers, key suppliers or contractors, which, among other adverse effects, could disrupt our operations or lead to reduced demand for our products, increased difficulty collecting receivables, and customers and/or suppliers asserting force majeure or other reasons for not performing their contractual obligations to us; risks related to U.S. government actions with respect to Section 232 of the Trade Expansion Act of 1962 (as amended by the Trade Act of 1974), the United States-Mexico-Canada Agreement and/or other trade agreements, tariffs, treaties or policies, as well as the uncertainty of obtaining and maintaining effective antidumping and countervailing duty orders to counteract the harmful effects of unfairly traded imports; impacts of existing and increasing governmental regulation, including potential environmental regulations relating to climate change and carbon emissions, and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorizations of, or from, any governmental or regulatory authority and costs related to implementing improvements to ensure compliance with regulatory changes, including potential financial assurance requirements, and reclamation and remediation obligations; potential impacts to the environment or exposure to hazardous substances resulting from our operations; our ability to maintain adequate liquidity, our level of indebtedness and the availability of capital could limit our financial flexibility and cash flow necessary to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business, or to repurchase our common shares; our ability to reduce our indebtedness or return capital to shareholders within the currently expected timeframes or at all; adverse changes in credit ratings, interest rates, foreign currency rates and tax laws; the outcome of, and costs incurred in connection with, lawsuits, claims, arbitrations or governmental proceedings relating to commercial and business disputes, antitrust claims, environmental matters, government investigations, occupational or personal injury claims, property-related matters, labor and employment matters, or suits involving legacy operations and other matters; supply chain disruptions or changes in the cost, quality or availability of energy sources, including electricity, natural gas and diesel fuel, critical raw materials and supplies, including iron ore, industrial gases, graphite electrodes, scrap metal, chrome, zinc, other alloys, coke and metallurgical coal, and critical manufacturing equipment and spare parts; problems or disruptions associated with transporting products to our customers, moving manufacturing inputs or products internally among our facilities, or suppliers transporting raw materials to us; the risk that the cost or time to implement a strategic or sustaining capital project may prove to be greater than originally anticipated; our ability to consummate any public or private acquisition transactions and to realize any or all of the anticipated benefits or estimated future synergies, as well as to successfully integrate any acquired businesses into our existing businesses; uncertainties associated with natural or human-caused disasters, adverse weather conditions, unanticipated geological conditions, critical equipment failures, infectious disease outbreaks, tailings dam failures and other unexpected events; cybersecurity incidents relating to, disruptions in, or failures of, information technology systems that are managed by us or third parties that host or have access to our data or systems, including the loss, theft or corruption of sensitive or essential business or personal information and the inability to access or control systems; liabilities and costs arising in connection with any business decisions to temporarily or indefinitely idle or permanently close an operating facility or mine, which could adversely impact the carrying value of associated assets and give rise to impairment charges or closure and reclamation obligations, as well as uncertainties associated with restarting any previously idled operating facility or mine; our level of self-insurance and our ability to obtain sufficient third-party insurance to adequately cover potential adverse events and business risks; uncertainties associated with our ability to meet customers' and suppliers' decarbonization goals and reduce our greenhouse gas emissions in alignment with our own announced targets; challenges to maintaining our social license to operate with our stakeholders, including the impacts of our operations on local communities, reputational impacts of operating in a carbon-intensive industry that produces greenhouse gas emissions, and our ability to foster a consistent operational and safety track record; our actual economic mineral reserves or reductions in current mineral reserve estimates, and any title defect or loss of any lease, license, easement or other possessory interest for any mining property; our ability to maintain satisfactory labor relations with unions and employees; unanticipated or higher costs associated with pension and other post-employment benefit obligations resulting from changes in the value of plan assets or contribution increases required for unfunded obligations; uncertain availability or cost of skilled workers to fill critical operational positions and potential labor shortages caused by experienced employee attrition or otherwise, as well as our ability to attract, hire, develop and retain key personnel; the amount and timing of any repurchases of our common shares; potential significant deficiencies or material weaknesses in our internal control over financial reporting; the risk that the proposed transaction with Stelco may not be consummated; the risk that the proposed transaction with Stelco may be less accretive than expected, or may be dilutive, to Cliffs’ earnings per share, which may negatively affect the market price of Cliffs’ common shares; the risk that adverse reactions or changes to business or regulatory relationships may result from the completion of the proposed transaction; the possibility of the occurrence of any event, change or other circumstance that could give rise to the right of one or both of Cliffs or Stelco to terminate the transaction agreement between the two companies, including, but not limited to, the companies’ inability to obtain necessary regulatory approvals; the risk of shareholder litigation relating to the proposed transaction that could be instituted against Stelco, Cliffs or their respective directors and officers; the possibility that Cliffs and Stelco will incur significant transaction and other costs in connection with the proposed transaction, which may be in excess of those anticipated by Cliffs; the risk that the financing transactions to be undertaken in connection with the proposed transaction may have a negative impact on the combined company’s credit profile, financial condition or financial flexibility; the possibility that the anticipated benefits of the proposed acquisition of Stelco are not realized to the same extent as projected and that the integration of the acquired business into our existing business, including uncertainties associated with maintaining relationships with customers, vendors and employees, is not as successful as expected; the risk that future synergies from the proposed transaction may not be realized or may take longer than expected to achieve; the possibility that the business and management strategies currently in place or implemented in the future for the maintenance, expansion and growth of the combined company’s operations may not be as successful as anticipated; the risk associated with the retention and hiring of key personnel, including those of Stelco; the risk that any announcements relating to, or the completion of, the proposed transaction could have adverse effects on the market price of Cliffs' common shares; and the risk of any unforeseen liabilities and future capital expenditures related to the proposed transaction.

有关影响Cliffs业务的其他因素,请参阅第I部分第1A项。截至2023年12月31日的年度10-K表格年度报告的风险因素,第二部分- 1A项。截至2024年6月30日的季度10-Q表风险因素报告,以及向皇冠体育官网证券交易委员会提交的其他文件。

媒体联系人:Patricia Persico高级主管,企业传播(216)694-5316

投资者联系人:James Kerr董事,投资者关系(216)694-7719

资料来源:Cleveland-Cliffs Inc。